East Germany Flashcard - izzit.org

Front

East Germany’s economy was largely powered by which extremely dirty and polluting fossil fuel?

Back

Lignite Coal

Front

Who decides how a market economy works?

Back

Entrepreneurs and consumers

Front

That start of a peaceful revolution in East Germany was known as _______________.

Back

The Monday Protests

Front

A free-market economy benefits consumers far more than a planned economy because __________.

Back

it gives consumers choice, spurs competition and innovation, and lowers prices

Front

U.S. President Ronald Reagan famously told Soviet leader Mikhail Gorbachev to _____________.

Back

tear down the Berlin Wall

Front

Scarcity in the East German planned economy led to ___________________.

Back

bartering and trade because of product scarcity

Front

The Berlin Wall was built ___________________________.

Back

to keep people inside the East and from fleeing

Front

Why did so many people want to flee the state-run system in the East?

Back

Political and economic freedom meant more wealth and prosperity.

Front

What made East German housing so poor in comparison to West Germany? Options: East Germans cared more about moving to the new suburbs outside Berlin., Most residential areas in West Germany were undamaged by the war., Rent freezes, unfixed damage from WW2, no bathtubs, and public bathrooms., West German banks gave better loans than East German banks.

Back

Rent freezes, unfixed damage from WW2, no bathtubs, and public bathrooms.

Front

Why was Germany considered a “Large-Scale Cold War Experiment?”

Back

Two contradictory economic and political systems developed side by side.